Amazon will lose money on Whole Foods — but probably not for long

 Sometimes giving up something in the short-term can yield a big reward in the long-term. That’s the idea behind many of Amazon’s businesses, and that’s particularly true of the recent Whole Foods deal. Amazon’s purchase of the upscale Whole Foods grocery chain for $13.7 billion will go through on Monday, and already the online retailer has said prices will drop on… Read More

,
Author: Sarah Buhr,
Source: https://techcrunch.com/2017/08/25/amazon-will-lose-money-on-whole-foods-but-probably-not-for-long/?ncid=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29,
Puslished Date: August 26, 2017,
Published Time: 1:00 am